IKIO Lighting among 3 mid-cap stocks to buy for up to 25% returns; check targets and stop losses
The analyst has picked IKIO Lighting, Vijaya Diagnostics, and Elgi Equipments for one year. Let's take a look at these stocks' target prices and stop losses shared by Baliga.
If you are looking to buy mid-cap stocks for the long-term then analyst Ambareesh Baliga has chosen three stocks for you for up to 25 per cent returns.
Analyst picks 3 stocks
The analyst has picked IKIO Lighting, Vijaya Diagnostic, and Elgi Equipments for one year. Let's take a look at these stocks' target prices and stop losses shared by Baliga.
IKIO Lighting share price target
This week the stock has risen by 5 per cent. One month's return has been 20 per cent and so far this year it has given minus 4 per cent return. The analyst has given a long-term target price of Rs 375. This means the share has an upside of around 25 per cent from its current price of Rs 307.8 each.
Share price target of Vijaya Diagnostic Centre
The second stock chosen by Baliga is Vijaya Diagnostics. The analyst has given a target price of Rs 950. From this target, the stock can give up to 21 per cent returns as the current price of the stock is Rs 785.1.
Elgi Equipments share price target
The third stock on the list is Elgi Equipments. The current price of the company is 737.2 each. The analyst has given a target of Rs 810. This means the stock can provide up to 10 per cent returns in the long-term.
The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.